Contractionary monetary policy is used to
...Contractionary monetary policy is used to
Control inflation
Bridge the deflationary gap
Expand the output level
Deregulate the economy
Correct answer is A
Contractionary monetary policy is when central banks raise interest rates and reduce the money supply to avoid inflation.
The goal is to reduce inflation by limiting the amount of active money circulating in the economy.
What is the ratio of expenditure on health to Agriculture if the yearly budget is 7200? ...
Consumer buy more of a commodity at a lower price than at a higher price because ...
The slow pace of industrial growth in Nigeria can be attributed to__________? ...
Most of the problems of economics arises as a result of ...
The decision to consume more of one product under normal circumstances will apply ...
Which of the following is NOT a factor determining supply? ...
The effect of an increase in price on the demand for a commodity with elastic demand will be ...
The term 'oil shock' is used to describe a situation in which ...